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<channel>
	<title>The HSBC Monitor &#187; HSBC USA</title>
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	<link>http://hsbcwatch.com/hsbcnews</link>
	<description>Part 2 - News and Complaints Behind the Scenes</description>
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		<item>
		<title>HSBC USA sued over Danny Pang fraud</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-usa-sued-over-danny-pang-fraud</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-usa-sued-over-danny-pang-fraud#comments</comments>
		<pubDate>Thu, 20 May 2010 04:38:52 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC USA]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/news/hsbc-usa-sued-over-danny-pang-fraud</guid>
		<description><![CDATA[A court-appointed receiver has filed a lawsuit accusing HSBC Bank USA of helping Newport Beach financier Danny Pang defraud Taiwanese investors of hundreds of millions of dollars. The lawsuit, filed Friday at the federal courthouse in Los Angeles, seeks to recover more than $1.8 million in fees that HSBC received for acting as a cash<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-usa-sued-over-danny-pang-fraud" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forget subprime &#8211; HSBC USA wants globally minded customers</title>
		<link>http://hsbcwatch.com/hsbcnews/news/forget-subprime-hsbc-usa-wants-globally-minded-customers</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/forget-subprime-hsbc-usa-wants-globally-minded-customers#comments</comments>
		<pubDate>Wed, 19 May 2010 19:04:13 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[Household International]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC Finance]]></category>
		<category><![CDATA[HSBC USA]]></category>
		<category><![CDATA[Subprime]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1076</guid>
		<description><![CDATA[HSBC Bank USA, N.A. today confirmed the appointment of seven experienced bankers to reinforce its expanding Premier business in Washington D.C. Clearly this is a step HSBC can take with or without Household International and HSBC Finance. HSBC&#8217;s premium international financial management service is tailored to individual needs while providing globally minded customers with access<a href="http://hsbcwatch.com/hsbcnews/news/forget-subprime-hsbc-usa-wants-globally-minded-customers" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Five year shutdown for HSBC Finance</title>
		<link>http://hsbcwatch.com/hsbcnews/news/five-year-shutdown-for-hsbc-finance</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/five-year-shutdown-for-hsbc-finance#comments</comments>
		<pubDate>Sun, 09 May 2010 14:28:01 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Subprime]]></category>
		<category><![CDATA[Household International]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC Finance]]></category>
		<category><![CDATA[HSBC USA]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/news/five-year-shutdown-for-hsbc-finance</guid>
		<description><![CDATA[HSBC was elevated to the unenviable position of biggest U.S. subprime mortgage lender after buying Illinois-based Household International Inc. six years ago for $14 billion. It announced in March that it would shut the unit, renamed HSBC Finance, over the next five years. The bank said bad loan provisions at HSBC Finance declined to $2.3<a href="http://hsbcwatch.com/hsbcnews/news/five-year-shutdown-for-hsbc-finance" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ashley Parker replaces James Emmett at HSBC USA</title>
		<link>http://hsbcwatch.com/hsbcnews/news/ashley-parker-replaces-james-emmett-at-hsbc-usa</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/ashley-parker-replaces-james-emmett-at-hsbc-usa#comments</comments>
		<pubDate>Tue, 23 Mar 2010 20:50:19 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC USA]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=983</guid>
		<description><![CDATA[HSBC Bank USA, N.A. has appointed Ashley Parker, an international banker with over 27 years finance industry experience, to run its New York City branch operations. He replaces James Emmett who recently relocated to Hong Kong to undertake a strategic role for the HSBC Group. Parker joined HSBC in 1994. Prior to that he worked<a href="http://hsbcwatch.com/hsbcnews/news/ashley-parker-replaces-james-emmett-at-hsbc-usa" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/ashley-parker-replaces-james-emmett-at-hsbc-usa/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Irene Dorner takes over HSBC USA, Aldinger&#8217;s old job</title>
		<link>http://hsbcwatch.com/hsbcnews/news/irene-dorner-takes-over-hsbc-usa-aldingers-old-job</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/irene-dorner-takes-over-hsbc-usa-aldingers-old-job#comments</comments>
		<pubDate>Thu, 11 Feb 2010 13:40:21 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Jobs and Layoffs]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC USA]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=879</guid>
		<description><![CDATA[Irene Dorner has been named President and CEO of HSBC Bank USA, N.A., the U.S. banking arm of HSBC Holdings, one of the world&#8217;s largest banking and financial services organizations. She also serves as President of HSBC USA Inc. and as a Director of HSBC North America Holdings Inc., HSBC USA Inc. and HSBC Bank<a href="http://hsbcwatch.com/hsbcnews/news/irene-dorner-takes-over-hsbc-usa-aldingers-old-job" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/irene-dorner-takes-over-hsbc-usa-aldingers-old-job/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC History in Buffalo New York</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-history-in-buffalo-new-york</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-history-in-buffalo-new-york#comments</comments>
		<pubDate>Mon, 07 Dec 2009 00:16:47 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Buffalo< New York]]></category>
		<category><![CDATA[Delaware]]></category>
		<category><![CDATA[HABC USA]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC Bank USA]]></category>
		<category><![CDATA[HSBC Canada]]></category>
		<category><![CDATA[HSBC Finance]]></category>
		<category><![CDATA[HSBC Finance Corp.]]></category>
		<category><![CDATA[HSBC USA]]></category>
		<category><![CDATA[Illinois]]></category>
		<category><![CDATA[Marine Midland Bank]]></category>
		<category><![CDATA[Mettawa]]></category>
		<category><![CDATA[substantial banking]]></category>
		<category><![CDATA[Virginia]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=736</guid>
		<description><![CDATA[Buffalo was the headquarters of Marine Midland Bank — now HSBC Bank USA — for about 150 years before HSBC moved the legal headquarters, first to Delaware and now to northern Virginia. It still employs 6,000 in Buffalo, where it maintains substantial banking, support and back-office operations, but its holding company, HSBC USA, is based<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-history-in-buffalo-new-york" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Irene M. Dorner new HSBC USA President and CEO</title>
		<link>http://hsbcwatch.com/hsbcnews/news/irene-m-dorner-new-hsbc-usa-president-and-ceo</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/irene-m-dorner-new-hsbc-usa-president-and-ceo#comments</comments>
		<pubDate>Tue, 06 Oct 2009 21:23:34 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC USA]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=660</guid>
		<description><![CDATA[HSBC Bank USA has named a new president and CEO out of its Malaysian affiliate, to take the helm of the Delaware-based bank in January. Irene M. Dorner, currently the deputy chairwoman and CEO of HSBC Bank Malaysia Bhd, will take over the U.S. bank&#8217;s top job from Paul J. Lawrence, who is returning to<a href="http://hsbcwatch.com/hsbcnews/news/irene-m-dorner-new-hsbc-usa-president-and-ceo" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC received $3.5 Billion of AIG bailout money</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-received-35-billion-of-aig-bailout-money</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-received-35-billion-of-aig-bailout-money#comments</comments>
		<pubDate>Thu, 01 Oct 2009 16:43:13 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC USA]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=303</guid>
		<description><![CDATA[A survey showed the AIG name as one of the most hated brands. Marketing was one of most disliked words, as AIG tried to put a positive spin on parties, bonuses, bailouts and losses. The U.S. Government bailout of AIG angered many. What is HSBC&#8217;s relationship to AIG? How much did HSBC receive from AIG?<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-received-35-billion-of-aig-bailout-money" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC saves a penny while Americans don&#8217;t save enough</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-saves-a-penny-while-americans-dont-save-enough</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-saves-a-penny-while-americans-dont-save-enough#comments</comments>
		<pubDate>Thu, 03 Sep 2009 23:48:30 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC Finance]]></category>
		<category><![CDATA[HSBC USA]]></category>
		<category><![CDATA[Subprime]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=576</guid>
		<description><![CDATA[HSBC Bank USA, N.A., (HSBC) today announced the results of a new survey which revealed that, although the U.S. personal savings rate has risen relative to recent years, the majority of Americans do not have nearly enough savings to sustain themselves should their income cease. Why? Some are HSBC customers. One said: &#8220;I have paid<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-saves-a-penny-while-americans-dont-save-enough" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC Green Initiative falls flat when 32 Facilities violate EPA</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-green-initiative-falls-flat-when-32-facilities-violate-epa</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-green-initiative-falls-flat-when-32-facilities-violate-epa#comments</comments>
		<pubDate>Thu, 03 Sep 2009 15:45:06 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Green Initiative]]></category>
		<category><![CDATA[Household International]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC Finance]]></category>
		<category><![CDATA[HSBC USA]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=568</guid>
		<description><![CDATA[Yesterday we wrote about HSBC violations of the Americans With Disabilities Act. Today we present HSBC violations of the Clean Water Act, Clean Air Act, and other EPA violations. At least thirty-two facilities were in violation. This news is shocking because HSBC has been pushing a &#8220;green initiative&#8221; for a year or more. Trying to<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-green-initiative-falls-flat-when-32-facilities-violate-epa" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
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